Facebook has time until January 31 to respond and if the Commission's concerns are confirmed, it can impose a fine of up to 1 percent of turnover
Want to modernise your banking loan application?
Build an application that analyses credit risk with #IBMCloud Pak for Data on #RedHat #OpenShift
Click here to know moreAdvertisements
The European Commission has accused Facebook of misleading the organisation with its takeover of WhatsApp. The European Commission claims Facebook provided misleading information leading up to acquisition of WhatsApp, opening up to a possible fine of 1 percent of its turnover.
Facebook has time until January 31 to respond and if the Commission's concerns are confirmed, it can impose a fine of up to 1 percent of turnover, accounting to about $179 million. "We respect the Commission's process and are confident that a full review of the facts will confirm Facebook has acted in good faith, a Facebook spokeswoman said.
Facebook says it is willing to cooperate with the European watchdogs and plans to provide accurate information about company's technical capabilities.
Popular Mobile PhonesView All
Digit caters to the largest community of tech buyers, users and enthusiasts in India. The all new Digit in continues the legacy of Thinkdigit.com as one of the largest portals in India committed to technology users and buyers. Digit is also one of the most trusted names when it comes to technology reviews and buying advice and is home to the Digit Test Lab, India's most proficient center for testing and reviewing technology products.
We are about leadership-the 9.9 kind! Building a leading media company out of India.And,grooming new leaders for this promising industry.